YEARLY HIGH
0.0221 MUR
YEARLY LOW
0.0202 MUR
YEARLY AVERAGE
0.0211 MUR

2021 BIF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 0.0221. Conversely, the yearly low was recorded on January 11, dropping to 0.0202.

This high-to-low spread represents a total annual volatility of 0.0020 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0203 to the December average rate of 0.0218, the exchange rate registered a net change of 7.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0221 was up 4.31% compared to the 2020 peak of 0.0212, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BIF based on timing:

Yearly Peak High 111 MUR
2020 Average 102 MUR
Yearly Trough Low 101 MUR
Transaction Impact: A difference of 9.84 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0220
0.0202
JanuMarcMayJulySeptNove

BIF to MUR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0205, compared to 0.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0205
H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0012 MUR (High: 0.0217 / Low: 0.0205). On the other end, January was the most stable month, with a tight range of 0.0003 MUR (High: 0.0204 / Low: 0.0202).

June Spread (Volatile) ±0.0012
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0217) against the same month in 2020 (average: 0.0206), the exchange rate shifted by +0.0011 (+5.56%).

2021 Avg (November) 0.0217
2020 Avg (November) 0.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0204 0.0202 0.0203
February 0.0206 0.0203 0.0204
March 0.0209 0.0203 0.0205
April 0.0211 0.0205 0.0207
May 0.0210 0.0204 0.0206
June 0.0217 0.0205 0.0207
July 0.0218 0.0214 0.0216
August 0.0217 0.0214 0.0215
September 0.0216 0.0213 0.0214
October 0.0218 0.0213 0.0215
November 0.0221 0.0215 0.0217
December 0.0221 0.0215 0.0218